Relevant and even prescient commentary on news, politics and the economy.

Trump is Project 2025

Fresh off Robert’s substack. I do not believe he likes me too much as I am all over everything said from time to time. I do not get the “friends” bit either. With Trump, this is war and he has to go. Some of his supporters will be disappointed when he turns on them. Meanwhile […]

The Courts, the actual subject that the campaign and election should be about.

There is a lot going on with SCOTUS this year. The death of Chevron diverts decision making from agencies which have an expertise in particular situations to the courts who lack the technical expertise. So now we have Thomas looking back in his crystal ball to see what they were doing in the 18th Century. […]

Moody’s Analytics; cooling inflation, economic growth of 2.1% v. an economic disaster

AB: I am not sure how Republicans will sugar coat Trump’s economic plans for 2025. June 23, 2024 Prof. Heather Cox Richardson Letters from an American On Thursday, Moody’s Analytics, which evaluates risk, performance, and financial modeling, compared the economic promises of President Joe Biden and presumptive Republican nominee Donald Trump. Authors Mark Zandi, Brendan […]

Changing Israel’s self-destructive course

Israel is on a dangerously self-destructive course.  The brutality of the Gaza campaign is antagonizing allies and making it difficult for regional players to continue normalizing relations.  The prospects for a durable peace are dimming at the same time that the policy of military supremacy that provided a modicum of security over the past two […]

Elections are about trust, blame, and identity.  Here’s how to use that against Trump.

According to one well-known theory of electoral competition, voters care about policies, and candidates pick policies to maximize their appeal to voters.  This suggests that campaigns will try to appeal to the median voter.  There is obviously something to this model, and this year, as always, it is a safe bet that each side will, […]

Ten Fundamental Economic (Mis)understandings

It’s all about the words . . . by Steve Roth Originally Published at Wealth Economics This article was first published on Cameron Murray’s great Fresh Economic Thinking. It’s slightly revised here. Maybe I’m just dense, but when I started studying economics roughly twenty years ago, I immediately ran into a bunch of basic concepts that […]

Swiss summit kick-starts Ukraine peace process

I have following the SWI for a period of time. When I get a newspaper, it makes for some interesting read. This particular article discusses a potential meeting of ninety countries. The peace process was initiated by Ukrainian President Volodymyr Zelensky asking the Swiss to initiate such a conference. I can not imagine what he […]

Is the Taylor Swift ERAs tour in the UK inflationary?

Tyler Cowen links to an article suggesting that Taylor Swift’s upcoming concerts in London may boost inflation and delay an interest rate cut by the Bank of England. I am not a macroeconomist, but color my skeptical.  For one thing, a short blip in the demand for hotel rooms in London will likely increase room […]